Einige Berufe werden für das Funktionieren unserer Gesellschaft insbesondere in der Corona-Krise als hochrelevant erachtet, was der Begriff "systemrelevant" zum Ausdruck bringen soll. Die Ergebnisse der LohnSpiegel-Daten zeigen, dass die Gehälter in den ausgewählten systemrelevanten Berufen...

In der Corona-Pandemie erfahren soziale Dienstleistungsberufe als "systemrelevante Berufe" eine hohe Aufmerksamkeit und öffentliche Wertschätzung. Vielfach wurde in der Vergangenheit darauf hingewiesen, dass soziale Arbeit in Deutschland strukturell unterbewertet ist. Auch wenn die akute...

We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both...

As the importance of capital is resurging in rich countries, the dynamics of wealth inequality are being increasingly affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in marital choices may be undergoing change. We expand the...

This paper uncovers ongoing trends in idiosyncratic earnings volatility across generations by decomposing residual earnings auto-covariances into a permanent and a transitory component. We employ data on complete earnings life cycles for prime age men born 1935 through 1974 that covers earnings...

This paper addresses the question of how firms react to tax incentives in a formula apportionment (FA) tax regime. Under FA, profits of all consolidated entities of a business group are summed and then allocated according to a formula based on FA factors. We hypothesize that firms may change the...